Henry George’s Theory of Distribution

Phillip J. Bryson

Chapter Chapter 3 in The Economics of Henry George, 2011, pp 47-86 from Palgrave Macmillan

Abstract: Abstract This chapter reviews Henry George’s theory of distribution from the perspective of his magnum opus, Progress and Poverty. This work is not only good reading, it had a powerful impact on the economic/social discussions of his time and produced echoes that linger to the present. It was not, of course, a work that provided him admission to the economics establishment of his day. At the time, economists were less inclined to find redeeming qualities to his theories than contemporary economists are.

Keywords: Marginal Product; Marginal Revenue; Land Rent; Factor Return; Demand Price (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-11998-7_3

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DOI: 10.1057/9780230119987_3

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